BROWNSBURG – Brownsburg businesses located in or adjacent to the Town of Brownsburg’s Tax Increment Financing (TIF) districts may now apply for a matching grant program to make façade improvements. In it’s second year, the Facade Improvement Grant program awarded more than $100,000 to 10 established Brownsburg businesses in 2015 for exterior projects.
Part of the Town’s Economic Development Incentive Policy, the grant utilizes TIF funds to match up to half of the project cost not to exceed $15,000. Eligible work includes practically any exterior improvements that will be readily visible to the public, with the exception of routine maintenance activities. Restoring architectural details, painting, fixing or replacing windows and doors, installing awnings or canopies, perennial landscaping and plantings and lighting are some examples of eligible projects. The minimum project considered is $2,000 for a matching grant of $1,000.
Notices were mailed this week to businesses identified as eligible by the Town of Brownsburg. Applicants must be the property owner or the occupant with written consent of owner and the property must remain primarily commercial and be maintained for a minimum of three years following completion of the façade work.
The Façade Improvement Grant application is available on the Town’s website, www.brownsburg.org. Proposals are being accepted through April 8. The Brownsburg Improvement Committee will review applications and make its recommendations to the Town Council. Funding award announcement has been tentatively set for June.
Eligibility requirements and complete guidelines are available in Section 3 of the Town of Brownsburg Economic Development Incentive Policy on the website. Applicants are invited to discuss their proposals with Economic Development Director Greg Anderson. Interested businesses may call 858-6032 or email facadegrant@brownsburg.org for additional information or to schedule a meeting.
